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Case 10- 60244 -aer11 Doc 288 Filed 10/15/10 <br /> Umpqua Bank. The lien held by Lane County for unpaid real property taxes pertaining to the <br /> Property shall be paid in full upon the closing of the sale. Net proceeds of the sale (being gross <br /> proceeds less reasonable and necessary costs of sale including payment of real property taxes) <br /> shall be impressed with the lien of Umpqua Bank and, pending confirmation of any plan of <br /> reorganization in this case, shall be deposited and held in Umpqua Bank's cash collateral account <br /> at Wells Fargo Bank, N.A. Upon confirmation of any plan of reorganization, the net proceeds of <br /> the sale will be distributed in accordance with the plan and the plan confirmation order. Prior to <br /> confirmation of any plan of reorganization, the net proceeds shall not be used by the Debtor or <br /> withdrawn from the cash collateral account without the consent of Umpqua Bank or an order of <br /> this Court. <br /> # ## <br /> Presented by: <br /> By: /s/ Brad T. Summers <br /> Brad T. Summers, OSB No. 911116 <br /> tsummers @ballj anik. com <br /> David W. Criswell, OSB No. 925930 <br /> dcriswell@balljanik.com <br /> BALL JANIK LLP <br /> 101 SW Main Street, Suite 1100 <br /> Portland, OR 97204 <br /> Attorneys for Debtor <br /> cc: Attached List of Parties <br /> Page 3 - ORDER GRANTING AUTHORITY TO SELL PROPERTY OF THE ESTATE <br /> AND APPROVING SALE FREE AND CLEAR OF LIENS (COLLEGE PARK <br /> PROPERTY) ::0DMA\'CDOcs\ORTLAND\730622\2 <br />